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1260 Broadway
Bushwick, Brooklyn | Lexington Ave & Greene Ave
7,000 Square FeetRental Property
$2,400,000
$2,400,000
Updated 9 years ago
Off Market

1260 Broadway

Bushwick, Brooklyn | Lexington Ave & Greene Ave

7,000 Square FeetRental Property

$2,400,000
floors / apts4 / 6
Lot Size25'x100'
Built Size25'x60'
ZoneC4-4L
Building TypeLow-Rise
RE Taxes$5,905
Price Per SF
$343

Building Amenities

  • Voice Intercom

Property Description for 1260 Broadway

The subject property is a 25 foot wide, 4-story mixed-use building located along Bedford Stuyvesant’s Broadway retail corridor. The building is fully free market with preferential rents and was gut renovated in 2000. Subject contains 3 two-bedroom units, 3 one-bedroom units and 1 ground floor retail unit. Public transportation is available within 3 blocks of the J/Z train at the Gates Avenue Station on Broadway, offering access to Williamsburg, Downtown Brooklyn, and Manhattan all within 20 minutes. Property is also located within close proximity to restaurants, bars, grocery stores, and nightlife. Take advantage of this opportunity to own a cash flowing investment property in one of Brooklyn’s most rapidly growing neighborhoods.

Listing History for 1260 Broadway

Now
04/06/2015
POM by Michael Amirkhanian
Cushman & Wakefield
02/19/2015
$2,400,000
Initial Price by Michael Amirkhanian
Cushman & Wakefield
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Building Details for 1260 Broadway

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.19 miles
Kosciuszko St
0.24 miles
Central Av
0.48 miles

Citi Bike

Van Buren St & Broadway
0.08 miles
Grove St & Broadway
0.1 miles

Contact Agents

Contact Agents

Michael Amirkhanian
Cushman & Wakefield
Robert Moore
Cushman & Wakefield

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

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Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 57723TH
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